OUR PAST WORK:

$1,390,000
16 BED

|

11 BATH

|

7,600 SQFT

|

10 PARKING SPACES

621 King Philip St Fall River MA 02724

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$1,390,000

$ 1,390,000

621 King Philip St Fall River MA 02724
  • MLS #: 72982701
  • Date added: 05/25/22
  • Post Updated: 2022-05-25 06:15:27
  • Type:
  • Bedrooms: 16
  • NO_FULL_BATHS: 11
  • Status:
  • Floors: 2
  • Year built: 1900
  • Area: 7600.00 sq ft
  • Lot size: 12589.00 sq ft

Description

Invest in Fall River! With not just one, but TWO professionally managed houses on ONE lot, these are RARE – 11 UNITS. Protect your investment and keep the current management team in place. The recently renovated 621 King Philip St is a five unit building with four 1 bed/1 bath units and a 2 bed/1 bath “townhouse” style apartment. Completely updated from top to bottom, these units feel fresh and airy from every angle. On the left, 631 King Philip St is a six unit building with four 2 bed/1 bath units and two 1 bed/1 bath units inside. In the basement, tenants also have access to storage and coin-op laundry. Behind both buildings you’ll see a yard area, a 10 car parking lot, and a garage bringing $150/month (inc. in 621 3E Rent). In total, both buildings produce ~$11,525.00 from rent collection and an additional $300 or so a month from the laundry coin ops. Both roofs were replaced last year as well. Turn key and cash flowing on day 1…just collect your ROI.

Rooms&Units Description

  • NO_UNITS: 11
  • LEVELS_1: 3
  • FLRS_1: 1
  • BEDRMS_1: 6
  • F_BTHS_1: 5
  • RMS_1: 30
  • LEASE_1: N
  • RENT1: 5950
  • LEVELS_2: 3
  • FLRS_2: 1
  • BEDRMS_2: 9
  • F_BTHS_2: 6
  • RMS_2: 30
  • LEASE_2: N
  • RENT2: 5575
  • TOTAL_ROOMS: 60
  • NO_ROOMS: 60 60

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Location Details

  • COUNTY: Bristol
  • DIRECTION: South Main to King Philip
  • ZONING: A-3

Property Details

  • PARCEL_NUMBER: M:0B-10 B:0000 L:0030
  • LOT_DESCRIPTION: Paved Drive
  • TOTAL_LEVELS: 6
  • LEVELS: Three Or More
  • ACRE: 0.29
  • LIST_PRICE_PER_SQFT: 182.89
  • SQUARE_FEET_DISCLOSURES: APPROXIMATE LIVING AREA, BUYER TO VERIFY. TAX CARD IS UNCLEAR.
  • ASSESSMENTS: 654800.00

Property Features

  • EXTERIOR: Vinyl
  • ROAD_TYPE: Public
  • COLOR: White
  • ROOF_MATERIAL: Asphalt/Fiberglass Shingles
  • BASEMENT: Yes
  • BASEMENT_FEATURE: Full
  • FOUNDATION: Fieldstone,Granite
  • HOT_WATER: Natural Gas,Tank,Tankless
  • ELECTRIC_FEATURE: Circuit Breakers,Individually Metered
  • GARAGE_SPACES: 1
  • PARKING_SPACES: 10
  • PARKING_FEATURE: Off-Street
  • SEWER: City/Town Sewer
  • WATER: City/Town Water
  • WATERFRONT_FLAG: No
  • WATERVIEW_FLAG: No
  • BEACHFRONT_FLAG: No

Fees&Taxes

  • TAX_YEAR: 2022
  • TAXES: $ 8,264

Miscellaneous

  • LENDER_OWNED: No
  • DISCLOSURES: Must close on or after 7/17/22.

This style property is located in is currently and has been listed on Hartley Realty Group. This property is listed at $ 1,390,000. It has 16 beds bedrooms, bathrooms, and is 7600.00 sq ft. The property was built in 1900 year.

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